It's part of their "we own the world and know what's best" attitude.
DH works for a multinational and their regional HQ decisions are made in the UK. An email went out to the whole company from the global CEO last week (in the US), where they had agreed a 10% pay cut.
But for those under UK control, a 20% "voluntary" paycut has been imposed as of this week (effectively they all need to agree to take it, or it will be taken mandatorily next month and the subsequent "you weren't a team player" chat when cuts to heads are made - but as it's a voluntary salary sacrifice, they can still charge the employees out at full rates to clients...).
But worse than that. Terms and conditions are being imposed on Ireland who had different terms.
And the cut is being imposed at a number. So, (and I don't know the number) - say £40k sterling, but also €40k euros (which is roughly £35k sterling), so is hitting those in Ireland on euro salaries a lot lower down than in the UK. But UK management are willfully not listening.
And worst of all. The Irish team are still working flat out as their work is at a phase that they can keep going. The UK team are nearly all stopped with little or nothing to do because of the point where their projects are all at.
So the ones currently doing the most, are the ones who are being hit the hardest. But that's ok because it's only the Oirish (yes, I meant to type it that way...I am pretty fed up with DH being sooooo fed up with them ….he's doing his best for his team and is still working dawn to dusk even though he is officially on holidays this week). I've been hearing about this for the past 3 weeks.